#FTX Token Soars 300% Despite Bankruptcy Proceedings
The crypto asset rose after statements by the president of #SEC , Gary Gensler.
The token of bankrupt cryptocurrency and bitcoin exchange (#BTC ) FTX has gained surprising momentum. Its price skyrocketed by 300% in the last seven days.
Last Saturday the token had a price of USD 1.18. However, since Wednesday it began to take off to the point that it currently has a price of USD 4.44, as can be seen in the graph provided by TradingView.
